An automobile company decides to improve the quality of all its products and bring more variety into its product line. The company has decided to adopt ________.

Answers

Answer 1

Answer:

B. Industry wide differentiation

Explanation:

Industry wide differentiation is a business strategy technique that involves a company becoming unique and setting it apart from others. It involves improving qualities of products and introducing a wide range or variety of product line that meets and satisfies the attributes customers want. These improvements in quality makes the company product to become superior in the eyes of the consumers when compared with products of competitors in the same industry. It is also called Broad differentiation as the strategy aims at differentiating the company's product by improving quality and making it more unique than the products offered by rivals or competitors in thesame industry in ways it appeals to a broad range of buyers.

Answer 2

Answer:

Answer: B) industry-wide differentiation

Explanation:

This is an act of industry offering different products, services or product features into the existing one. This helps the industry to compete with their competitors. It gives them an edge and also make them more attractive to the prospective consumers.

Related Questions

Hasbro used to manufacture a toy called "Wonder World Aquarium". The toy included a powder that, when mixed with water, formed a gel that filled a plastic aquarium. Children could then place plastic fish in the aquarium and create underwater scenes. Cloud Corporation supplied the powder to Hasbro. The toy sold poorly, and Hasbro’s need for the powder diminished,The two companies discussed changing the powder’s formula. Cloud believed the conversation amounted to an indication that Hasbro would continue to buy powder, so it produced large quantities. Although it did not receive an order from Hasbro, Cloud sent an order acknowledgement for 9.5 million packets to Hasbro. Hasbro made no objection to it.Did the order acknowledgement create an enforceable agreement? What specific facts determine your answer?
Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery and used the straight-line method for depreciation. Business is booming, so Lucky purchased $15,000 in equipment during the current year to help meet production demands. Which of the following statements is true regarding the depreciation choices available to Lucky? The new machinery can be depreciated under the same method or a different method than the previously purchased machinery T/F
Complainer in the workplace
Who promoted the theory that success and failure in business should be governed by natural law without interference?a. Andrew Carnegie b. John d. Rockefeller c. Herbert Spencer d. William G. Sumner
In Stenland, many workers have been complaining that they cannot survive on minimum wage, the lowest wage an employer is permitted to pay. The government is proposing to raise the minimum wage. Many employers who pay their workers the current minimum wage argue that if it is raised, unemployment will increase because they will no longer be able to afford to employ as many workers.Which of the following, if true in Stenland, most strongly supports the claim that raising the minimum wage there will not have the effects that the employers predict?(A) For any position with wages below a living wage, the difficulty of finding and retaining employees adds as much to employment costs as would raising wages.(B) Raising the minimum wage does not also increase the amount employers have to contribute in employee benefits.(C) When inflation is taken into account, the proposed new minimum wage is not high as the current one was when it was introduced.(D) Many employees currently being paid wages at the level of the proposed new minimum wage will demand significant wage increases.(E) Many employers who pay some workers only the minimum wage also pay other workers wages that are much higher than the minimum.

Which phrase describes the income effect?A. the effect of demand and supply on income earned by producers
B. the impact of price on consumers’ purchasing ability and decisions
C. the increased income earned by suppliers because of high prices
D. the impact of consumers’ income on the supply of a product

Answers

Answer: b). the impact of price on consumers’ purchasing ability and decisions.

Explanation:

Effect of a change in the price of good can be decomposed into income effect and substitution effect. When the price of a good falls, the consumer has some extra money left after purchasing the original bundle of goods. So, with this extra money he can buy more of the goods he likes. This is called the income effect. So, we can say that the income effect studies the impact of a price change on consumers purchasing ability and decisions.

b the correct answer is b

Robert Solis is a salesman in a company that specializes in event management. He uses the Internet to identify potential companies with which his company can build long-term profitable relationships. Which step in the selling process does this scenario depict? A) demonstration
B) preapproach
C) prospecting
D) approach
E) presentation

Answers

Answer:

Explanation:

The term for a rise in prices of general consumer goods isa. peaking.
b. price indexing.
c. inflation.
d. deficit.

Answers

C. Inflation

If you require clarification on why, feel free to comment!

The appearance of a résumé can change drastically after it has been scanned.True
False

Answers

That statement is true

That's why you have to provide your resume in a simple and clean format to avoid any misappearance after digital scanlation and also, the recruiters tend to pay more attention to your resume after it has been scanned

Answer:

True

Explanation:

because I took the test.

After winning a huge contract to build an expressway, AZ Builders Corp. has decided to create a cross-functional team that will be made up of experts from different fields, including civil engineers, architects, and accountants. The company's board of directors also decides to institute a one-month training program for this group in order to help them shape the goals and plans to implement this project. In this example, the focus of change is ________.

Answers

Answer:

staff

Explanation:

Based on the information provided within the question it can be said that the the focus of change is the staff. This is because the AZ Builders Corp. is using the huge contract that they just won in order to create highly skilled team that would be able to complete various tasks. Therefore making changes to the company's staff with highly skilled new members .

What tool in Word can you use to search your entire document for spelling and grammar errors?Grammar Fixer
Spelling Dictionary
Spelling Help
Spelling and Grammar Check

Answers

Answer:

Spelling and Grammar check.

Explanation:

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